Bitcoin (BTC): Significant levels lost
Updated
As the title says, BTC has lost a few important supports over the last few days.
Because of these lost levels, I expect a restest of them before most likely deciding what's next.
These are roughly the paths I expect, barring any extreme movement.
It is a very interesting week for the stock market and will lead to more volatility.
Supports and resistances are shown in the chart.
If by chance BTC doesn't go and retest these levels, the market is wrong.
Let's see how it plays out.
I'll update more throughout the week!
Because of these lost levels, I expect a restest of them before most likely deciding what's next.
These are roughly the paths I expect, barring any extreme movement.
It is a very interesting week for the stock market and will lead to more volatility.
Supports and resistances are shown in the chart.
If by chance BTC doesn't go and retest these levels, the market is wrong.
Let's see how it plays out.
I'll update more throughout the week!
Note
Well, we have seen the first-floor break which isn't too surprising. Although sometimes markets push price beyond a support zone to shack out the weak and then send price back above. Not saying this will happen, just acknowledging the possibilities. If not, next stop is 30k where it surely has to relief bounce at least a little or we are witnessing a crash of EPIC proportionsNote
PAY ATTENTION!!!!Note
So ugly
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